BUSINESS

Papandreou believes that given enough time, the Greeks would be able to adhere to bailout terms.

The political situation in Greece is very volatile and unpredictable.

While the Socialists are guaranteed to win, there is much concern over how well the extreme right-wing, anti-immigration National Front (FN) of Marine Le Pen will do

Are U.S. technology companies fast-growing enterprises or are they banks? In a time when banks are enduring federal ?stress tests? of their ability to withstand a crisis, the tech sector seems to be rolling in money.

The conservative New Democracy party and the far-left Syriza present a stark choice for a beleaguered Greek public:

More than 300 garment factories in a key industrial hub of Bangladesh were shut down indefinitely Saturday following five days of violent protests by a half-million laborers demanding better wages.

Asian stock markets advanced for the second straight week on expectations that major central banks in the world would act to tackle deteriorating global economic conditions.

With French President Francois Hollande's Socialist Party appearing likely to cement its hold on the country's government in elections on Sunday, the Journal du Dimanche has reported that France wants the European Union to agree on growth-boosting measures worth ?120 billion ($151 billion) this year.

In the weeks leading to the Barrett-Jackson Auction Co.'s collector car auction in Orange County, Calif., a new group of people appears to be joining aging-vehicle aficionados in paying attention to this annual event, as an increasing number of investors are turning to older vehicles as the latest safe havens for their money.

Executive compensation continued to rise last year -- despite Occupy Wall Street's vociferous howling and gnashing of teeth -- and on average the pay of CEOs at S&P 500 companies increased 6 percent, according to a report by compensation-data company Equilar.

As Greek voters prepare to the go to the polls on Sunday and central banks around the world prepare to enter crisis mode if far left-wing candidate Alexis Tsipras wins and reneges on the country's bailout package, thus threatening euro zone solidarity, the Greek economy may slip into something resembling medieval Europe's Dark Ages.

Saudi Crown Prince Nayef (Naif) bin Abdulaziz Al Saud, heir-apparent to King Abdullah and a staunch enemy of al-Qaeda as head of Saudi Arabia's Interior Ministry, died today at 78, according to the International Islamic News Agency. Nayef's death reopens the question of who will succeed King Abdullah.

As expected, Apple unveiled iOS 6 -- the next-gen mobile operating system for the iPhone, iPad and iPod Touch -- the 2012 Worldwide Developers Conference (WWDC) in San Francisco. Nobody knew what Apple would include in its latest update for iOS, but with more than 200 new features added to the mobile platform, this will the most comprehensive update Apple has ever released to its mobile devices.

It's perhaps the greatest automotive race of all time: 24 Heures du Mans (the 24 Hours of Le Mans) on the Circuit de la Sarthe outside of Le Mans, France -- here's how to watch it online. Also known as the Grand Prix of Endurance and Efficiency, the 24 Hours of Le Mans is the oldest race in motorsport and has been held annually since 1923.

Indian Finance Minister Pranab Mukherjee Saturday expressed confidence that the Reserve Bank of India would adjust the monetary policy on its mid-quarter monetary policy review June 18.

The announcement by the city authorities in Mumbai, the financial capital of India, last month that license would be needed for consuming alcohol have raised many eyebrows.

With the new iPad having the 4G LTE technology, the consensus seems to be that the upcoming iPhone 5 will be Apple's first smartphone to sport a 4G LTE chip. According to a latest report surfaced Friday, chip vendors including Qualcomm and Broadcom are preparing production to supply Apple with their solutions for the upcoming iPhone iteration.

Lack of infrastructural facilities in Indian ports is negatively affecting exports as the ports are struggling to cope with commodity traffic. Ports are unable to handle the container and vessel traffic despite a decline in economy and exports.

The top after-market NYSE gainers Friday were: Telecom Argentina, Banco Macro, Black Hills, World Wrestling Entertainment and Vocera Communications. The top after-market NYSE losers were: Magnum Hunter Resources, Perini Corp, Beazer Homes, Yelp and GFI Group.

The top after-market NASDAQ gainers Friday were Obagi Medical Products Inc, SLM Corporation, Microvision Inc, Canadian Solar Inc and Exide Technologies. The top after-market NASDAQ losers were: Santarus Inc, United Therapeutics Corporation, ATP Oil & Gas Corporation, 21Vianet Group, Inc and American Superconductor Corporation.

Asian markets rose this week amid hopes that central banks around the world will take coordinated stimulus measures to tackle the European financial crisis and regain global economic growth momentum.

The Lockheed Martin Corp. (NYSE: LMT) was awarded a contract worth $489.53 million to begin purchasing parts, materials, and components for a seventh batch of 35 F-35 Joint Strike Fighter planes, the U.S. Defense Department announced Friday.

There are fresh signs the U.S. economy may be caught in a storm fed by a floundering Europe and a slackening China. Weakening demand in both regions appears to be taking a toll on U.S. manufacturing, already the locus of a contracting workforce.

A euro-area breakup might appear to be inevitable at this point. But, instead of Greece being pushed out the door, analysts say an outside-the-box solution to the euro zone's sovereign-debt problem would be for Germany to voluntarily withdraw from the euro and reinstall the Deutsche mark.

Paraguayan government officials said that seven police officers and at least nine protesting farmers have been killed in a bloody clash Friday.

As the U.S. Senate grapples with how to allocate about $100 billion a year for the next decade on food policy, one subsection of the farm bill is under attack, namely, the $200 million U.S. taxpayers spend every year to subsidize the marketing of well-established brands found in virtually every American pantry.

Italian Prime Minister Mario Monti has made growth and cutting the size and weight of the state his top priority.

A tight squeeze on salaries of full-time employees, along with spending cuts and burgeoning levels of part-time employment and long-term unemployment, offsets the decline in overall unemployment, leading to a rise in the number of poor Britons.

The Australian government has released new information about the extensive history of physical and sexual abuse of minors in the military dating back more than five decades.